Northern Trust Offers New Fund of Hedge Funds Reporting Platform

Press Release – Northern Trust has enhanced its offering to Fund of Hedge Funds (FoHF) clients with a new reporting platform which provides clients with better, more flexible access to key data elements. This, the latest in a series of enhancements, is available to Northern Trust’s FoHF clients worldwide, through its Hedge Fund Monitor product(TM).

The new Hedge Fund Monitor reporting enables clients to:

— Extract the specific elements they need and schedule queries for key data

“Our clients are faced with new and evolving investor reporting and transparency requirements and as a result they need to be in a position to access reports and data requests on demand,” said Ian Headon, Northern Trust’s asset servicing product manager for alternative investments. “The enhancements to our Hedge Fund Monitor reporting tool give our clients this capability without them needing to invest management time and effort in formally defining and specifying requirements.”

“We are delighted to offer these enhancements to our global FoHF client base and we remain committed to creating the best of breed global hedge funds platform,” said Peter Sanchez, head of Northern Trust Hedge Fund Services, the business entity formed following Northern Trust’s acquisition of Omnium LLC in 2011.

Northern Trust is a leading administrator of hedge funds and FoHF with excess US$180 billion hedge funds and FoHF assets under administration, as of 30 September 2011. In addition to providing fund administration and custody services, Northern Trust also services the hedge fund investment portfolios of its institutional custody clients.

About Northern Trust

Northern Trust Corporation is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2011, Northern Trust had assets under custody of US$4.3 trillion, and assets under investment management of US$662.9 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com .